Interactive Brokers Group, Inc. (NASDAQ:IBKR – Free Report) – Analysts at Zacks Research raised their FY2026 earnings per share (EPS) estimates for shares of Interactive Brokers Group in a note issued to investors on Monday, September 8th. Zacks Research analyst Team now expects that the financial services provider will post earnings of $1.94 per share for the year, up from their prior estimate of $1.93. The consensus estimate for Interactive Brokers Group’s current full-year earnings is $7.46 per share.
IBKR has been the subject of a number of other research reports. Piper Sandler lifted their target price on shares of Interactive Brokers Group from $45.50 to $65.00 and gave the stock an “overweight” rating in a research report on Tuesday, July 15th. Citigroup raised their price target on Interactive Brokers Group from $53.75 to $60.00 and gave the stock a “buy” rating in a research note on Monday, July 7th. The Goldman Sachs Group lifted their price objective on Interactive Brokers Group from $53.00 to $60.00 and gave the stock a “buy” rating in a report on Thursday, May 15th. Wall Street Zen upgraded Interactive Brokers Group from a “sell” rating to a “hold” rating in a research report on Saturday, June 21st. Finally, Barclays increased their target price on Interactive Brokers Group from $65.00 to $73.00 and gave the company an “overweight” rating in a report on Friday, July 18th. Seven equities research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to MarketBeat.com, Interactive Brokers Group currently has a consensus rating of “Moderate Buy” and a consensus target price of $59.38.
Interactive Brokers Group Stock Up 0.5%
IBKR opened at $62.51 on Wednesday. The stock has a market capitalization of $106.03 billion, a price-to-earnings ratio of 32.14, a PEG ratio of 2.53 and a beta of 1.23. The firm has a 50 day moving average price of $62.51 and a 200-day moving average price of $52.36. Interactive Brokers Group has a twelve month low of $30.01 and a twelve month high of $68.07.
Interactive Brokers Group (NASDAQ:IBKR – Get Free Report) last announced its quarterly earnings results on Thursday, July 17th. The financial services provider reported $0.51 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.46 by $0.05. Interactive Brokers Group had a net margin of 9.78% and a return on equity of 4.92%. The firm had revenue of $1.48 billion for the quarter, compared to the consensus estimate of $1.37 billion. During the same quarter last year, the firm posted $1.76 EPS. The business’s quarterly revenue was up 14.7% compared to the same quarter last year.
Institutional Inflows and Outflows
A number of hedge funds have recently made changes to their positions in the stock. Vanguard Group Inc. raised its stake in Interactive Brokers Group by 303.9% during the 2nd quarter. Vanguard Group Inc. now owns 41,810,406 shares of the financial services provider’s stock worth $2,316,715,000 after acquiring an additional 31,458,885 shares during the period. State Street Corp increased its stake in shares of Interactive Brokers Group by 301.3% in the second quarter. State Street Corp now owns 15,131,029 shares of the financial services provider’s stock worth $838,410,000 after purchasing an additional 11,360,260 shares in the last quarter. Cantillon Capital Management LLC raised its position in shares of Interactive Brokers Group by 288.7% during the 2nd quarter. Cantillon Capital Management LLC now owns 12,803,631 shares of the financial services provider’s stock valued at $709,449,000 after purchasing an additional 9,509,805 shares during the period. Greenwich Wealth Management LLC lifted its stake in shares of Interactive Brokers Group by 301.6% during the 2nd quarter. Greenwich Wealth Management LLC now owns 10,864,532 shares of the financial services provider’s stock valued at $602,004,000 after buying an additional 8,159,175 shares in the last quarter. Finally, JPMorgan Chase & Co. lifted its stake in shares of Interactive Brokers Group by 227.7% during the 2nd quarter. JPMorgan Chase & Co. now owns 10,148,398 shares of the financial services provider’s stock valued at $562,328,000 after buying an additional 7,051,682 shares in the last quarter. 23.80% of the stock is currently owned by institutional investors.
Insider Buying and Selling
In other Interactive Brokers Group news, Vice Chairman Earl H. Nemser sold 194,086 shares of the company’s stock in a transaction dated Tuesday, August 12th. The stock was sold at an average price of $67.49, for a total value of $13,098,864.14. Following the completion of the sale, the insider owned 461,500 shares in the company, valued at $31,146,635. This represents a 29.60% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this hyperlink. Insiders sold a total of 233,972 shares of company stock valued at $15,746,449 in the last three months. Corporate insiders own 2.97% of the company’s stock.
Interactive Brokers Group Announces Dividend
The business also recently declared a quarterly dividend, which will be paid on Friday, September 12th. Shareholders of record on Monday, September 1st will be issued a dividend of $0.08 per share. This represents a $0.32 annualized dividend and a yield of 0.5%. The ex-dividend date of this dividend is Friday, August 29th. Interactive Brokers Group’s payout ratio is currently 16.49%.
Interactive Brokers Group Company Profile
Interactive Brokers Group, Inc operates as an automated electronic broker worldwide. The company engages in the execution, clearance, and settlement of trades in stocks, options, futures, foreign exchange instruments, bonds, mutual funds, exchange traded funds (ETFs), precious metals, and cryptocurrencies.
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